The fall in international prices has forced employers of specialty coffee to take steps to improve their competitiveness by resorting to full control of product traceability.
The fall in international prices in the coffee market is the main mitigating factor with which the industry is doing battle in Panama and Central America in general in order to remain profitable. One way of surviving, from the point of view of César Arauz, producer and member of the Specialty Coffee Association of Panama is "... maintaining good traceability in order to convince buyers to purchase the product and pay for it what it is worth. "
The winner in the category Exotic Natural was the lot Geisha Natural Jaramillo submitted by Hacienda La Esmeralda, which along with the winners in the other categories, will be auctioned online on June 23.
Second place was awarded to a batch of Jose Gallardo Geisha, with a score of 93.1, which was also a winner in the washed exotic coffees category. On the other side, first place in the traditional washed category went to Kalithea Jesus Sierra, with a score of 88.39, and second place went to a batch of Elida Lamastus Family Washed with 87.37 points.
Cerinal Café has begun operating its new coffee processing plant in the town of Barberena, Santa Rosa, from where it estimates it will export 250,000 bags per year.
Using the high quality pergamon and oro coffee varieties processed in the new plant, the company plans to supply the markets of Japan, the USA and Europe.
René Kanne, general manager, told Elperiodico.com.gt that "... The design is totally different, we have two warehouses, one for pergamon coffee and one for oro coffee; all of these products are high quality so that they can be sent to the projected markets. "
The coffee sector should consider whether the current crisis is temporary or whether fundamental alternatives should be analyzed, such as moving towards industrialization to export ground grain with proprietary brands.
After peaking in May of 2012 at $250 per quintal, arabica coffee prices have steadily dropped, settling last week at just over $100. The futures prices are not very encouraging: for December even lower values are indicated.
The international market is increasingly accepting coffee shipments in one ton containers.
An article in Laprensa.hn reports that "IntercontinentalExchange, home of the most traded coffee contract, announced last week that it would allow grain shipments to its certified deposits in lined cargo containers or 'supersacks'."
More and more coffee farmers are establishing their own processing plants so that they can directly offer international buyers a distinguished product.
According to figures from the Instituto del Café de Costa Rica (Icafe) in 2010 there were 94 recorded plants, while in 2010 this figure reached 161.
The proliferation of small businesses who process less than 1,000 quintals of the grain a year, shows that success of the strategy lies in differentiating the product according to quality, obtaining prices that go up to $100 per quintal.
CISA Exportadora is a green coffee exporting company based in Nicaragua owned by the Baltodano family who enjoys over 100 years of coffee tradition.
Operates in Nicaragua
Phone: (505) 2270 4414 - (505) 2270 4412